Scholarships, Grants, and Loan Trends at UMA

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,443, which is 55.44 % of all undergraduate students. 2,037 students which is 45.89% of undergraduate students received federal student loans and the average loan amount is $7,166.
For full-time, first-time beginning students (freshmen), 84.67% of students received grants or scholarships and 54% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Maine at Augusta since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,443, which is 55.44 % of all undergraduate students. 2,037 students which is 45.89% of undergraduate students received federal student loans and the average loan amount is $7,166.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,941 (62%)$4,6882,682 (56%)$3,8132,906 (61%)$7,627
2014-152,831 (61%)$4,8162,502 (54%)$3,8442,764 (59%)$7,375
2015-162,694 (58%)$5,0642,357 (50%)$3,8232,536 (54%)$7,239
2016-172,357 (53%)$5,0282,038 (46%)$3,7502,192 (50%)$7,144
2017-182,170 (54%)$5,5581,812 (45%)$3,9601,817 (45%)$6,857
2018-192,173 (53%)$5,7411,801 (44%)$4,1781,715 (42%)$6,782
2019-202,189 (50%)$5,2211,748 (40%)$4,1191,618 (37%)$7,037
2020-212,089 (50%)$5,6001,537 (37%)$4,3391,427 (34%)$7,294
2021-222,547 (58%)$5,9201,498 (34%)$3,9071,357 (31%)$7,141
Average2,443 (55.44%)$5,2931,997 (45.11%)$3,9702,037 (45.89%)$7,166

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 202 (84.67 % of students) received grants or scholarships and its average amount is $6,349. It can cover 29.46% of tuition & fees ($21,548) based on out-of-state rate.
In addition, 128 (54.00 % of students) students get helped from the students loans (average amount : $5,899).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14223 (82%)$5,276199 (73%)$5,848
2014-15214 (82%)$5,567181 (70%)$6,143
2015-16188 (79%)$5,762149 (63%)$5,901
2016-17132 (76%)$5,55596 (55%)$5,974
2017-18147 (79%)$6,506105 (56%)$5,420
2018-19199 (79%)$6,844126 (50%)$5,473
2019-20231 (89%)$5,915117 (45%)$6,508
2020-21257 (99%)$6,994100 (39%)$5,675
2021-22226 (97%)$8,72382 (35%)$6,145
Average202 (84.67%)$6,349128 (54.00%)$5,899
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 151 (63.67 % of students) received Pell (federal) grants and its average amount is $4,647.
In addition, 120 students received State/local government grants/scholarships (50.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14203 (74%)$4,30822 (8%)$360150 (55%)$89172 (26%)$2,231
2014-15183 (70%)$4,76028 (11%)$327163 (63%)$1,09786 (33%)$1,539
2015-16164 (69%)$4,46727 (11%)$229116 (49%)$1,47396 (40%)$1,810
2016-17113 (65%)$4,56920 (12%)$36370 (40%)$1,64956 (32%)$1,684
2017-18117 (63%)$4,67457 (30%)$19786 (46%)$1,638104 (56%)$2,476
2018-19163 (65%)$4,74742 (17%)$330120 (48%)$1,552161 (64%)$2,410
2019-20154 (59%)$4,730188 (73%)$366125 (48%)$1,138172 (66%)$2,482
2020-21123 (47%)$4,805194 (75%)$458106 (41%)$1,362238 (92%)$4,089
2021-22143 (61%)$4,761185 (79%)$1,610143 (61%)$2,160187 (80%)$3,658
Average151 (63.67%)$4,64785 (35.11%)$471120 (50.11%)$1,440130 (54.33%)$2,487
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 128 (54.00 % of students) get any students loan help and its average loan amount is $128.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14199 (73%)$5,848199 (73%)$5,7695 (2%)$3,130
2014-15181 (70%)$6,143180 (69%)$5,9562 (1%)$19,875
2015-16149 (63%)$5,901149 (63%)$5,6802 (1%)$16,500
2016-1796 (55%)$5,97495 (55%)$5,7363 (2%)$9,513
2017-18105 (56%)$5,420105 (56%)$4,9935 (3%)$8,962
2018-19126 (50%)$5,473126 (50%)$5,2393 (1%)$9,833
2019-20117 (45%)$6,508116 (45%)$5,23011 (4%)$14,069
2020-21100 (39%)$5,67599 (38%)$5,3554 (2%)$9,336
2021-2282 (35%)$6,14582 (35%)$5,6482 (1%)$20,367
Average128 (54.00%)$5,899128 (53.78%)$5,5124 (1.89%)$12,398
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